The global green ammonia market is poised for explosive growth, projected to reach USD 3.21 billion by 2028, fueled by increasing demand for carbon-neutral solutions and significant investments. This report delves into market drivers, challenges, and key players, offering valuable insights into this rapidly evolving sector.
DMEGC Solar has achieved a significant milestone by becoming the first company in the photovoltaic industry to receive the ISO 14068 Organizational Carbon Neutrality Achievement Verification Statement from TÜV SÜD. Three of its factories have also achieved 100% green energy consumption, demonstrating the company’s commitment to sustainability and environmental responsibility.
Trinasolar, a leading solar tracker supplier, has been recognized by Bureau Veritas for its commitment to green practices throughout its supply chain, receiving the prestigious Green Supply Chain Leadership Award. This recognition highlights Trinasolar’s dedication to sustainable development, low-carbon strategies, and a zero-carbon system across its operations and global supply chain.
Persistent Systems, a global leader in digital engineering and enterprise modernization, announced it has achieved carbon neutrality for its direct and indirect emissions one year ahead of schedule. The company is committed to sustainability and reaching net-zero emissions by 2050, aligning with global efforts to combat climate change.
Persistent Systems, a global leader in Digital Engineering and Enterprise Modernization, has achieved carbon neutrality for its global operations, a year ahead of its target. The company is committed to sustainability and reaching net-zero emissions by 2050, demonstrating its dedication to environmental responsibility.
The Taiwan Stock Exchange (TWSE) has become the first exchange globally to receive the ISO 14068-1:2023 carbon neutrality certificate from the British Standards Institution (BSI). This achievement underscores the TWSE’s commitment to environmental protection and sustainable development, solidifying its leadership in global sustainability initiatives.
The Global Sustainable Tourism Council (GSTC) has recognized the “Green Hotel Plus” and its Thai counterpart as aligned with its international sustainability standards. This signifies a significant step towards promoting environmentally friendly practices in the Thai hotel industry and aligns with Thailand’s ambitious goals for carbon neutrality and net zero emissions.
Bloomage, a leading hyaluronic acid producer, showcased its commitment to sustainability and carbon reduction at the Shanghai International Carbon Neutrality Expo. The company highlighted its comprehensive ESG management system, resource and energy management strategies, and efforts to minimize the environmental impact of its products. Bloomage’s participation in the expo exemplifies its dedication to creating a healthier future through sustainable practices.
The global carbon credit market is expected to grow significantly from 2024 to 2028, driven by increasing corporate commitments to carbon neutrality and net-zero emissions targets. The market is estimated to grow at a CAGR of 31.01% during the forecast period, according to a recent report by Technavio. Key segments include forestry projects, offsetting activities, and the Cap-and-Trade system. While the market faces challenges such as price volatility and ensuring credit quality, it remains a crucial tool for organizations and individuals seeking to reduce their carbon footprint and transition to a low-carbon economy.
In 2023, Astronergy’s ESG Report highlights the company’s commitment to environmental protection, social responsibility, and sustainable governance. Through strategic initiatives, the company achieved notable progress in areas such as carbon footprint reduction, human rights protection, supply chain sustainability, and community engagement.
